Has completed the acquisition of Groupe LAR Inc. on September 18. The consideration paid by ADF as part of the Transaction consists of a purchase price of $20.4 million, including a closing adjustment related to certain working capital expenses, paid as follows: (i) a cash amount of $16.4 million, including the $1.4 million closing adjustment, and (ii) the issuance of 449,944 of the Corporation's Subordinate Voting Shares, representing the equivalent of $4 million in the Corporation's Subordinate Voting Shares on the average closing price of the Corporation's shares on the Toronto Stock Exchange during the 5 trading days preceding August 29, 2025. ADF GROUP INC. shares T.DRX are trading up $0.16 at $7.48.
Stocks in play: ADF GROUP INC.
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